We understand more than most the property market; we live and breathe it every day. We believe by simply focusing on the keywords that many companies lose sight of – relationship, advice and service.

Our professional advisers take the time to fully understand our clients’ requirements, however complex, and concentrate on providing genuine down to earth advice to guide you through every step of the process.

Our mortgage services team have access to exclusive offers, whether that be high street products, private banking facilities or buy-to-let portfolio loans.

Our mortgage services cover: – Re-mortgage – Buy-to-let – First Time Buyers – Moving homes – Large mortgage loans – Offshore purchase – Bridging finance – Secured loans – Pensions.

All these mortgage advice services are backed by the levels of service you would expect from a high-end brokerage, so whilst we concentrate on doing the hard work, our clients have the time to relax and concentrate on their daily routines.

Different type of mortgages

Capital Repayment

Repayment mortgages, also referred to Capital & Interest Mortgages work as any other standard loan. Each month the borrower makes a payment that includes the interest as well as little bits of the capital amount borrowed. In other words, as long as you keep up your repayments each month, the loan will slowly reduce and the full mortgage will be repaid by the end of the mortgage term. You will then own the property fully with no debt. No risk, no hassles.

Interest Only

With an Interest only mortgage, borrowers only have to pay off the interest on the mortgage and not the capital. In other words if you borrow £300,000 on this basis over 25 years, at the end of the 25 years you still owe £300,000! However, the onus is upon the borrower to ensure, usually via a savings vehicle such as an ISA or other assets that sufficient funds will be in place at the end of the mortgage term to pay off the mortgage in full. If there is no provision made, at the end of the term you will have to sell the property to pay back the loan.

Although this does give a certain element of flexibility and potentially lower monthly payments, there is therefore a certain amount of risk associated with this type of product, especially if property prices fall or savings plans do not perform as expected.

Buy-To-Let

Mortgage Available on either a Capital Repayment or an Interest Only basis, buy-to-let mortgages are specific products that are available on properties that are going to be let out. Unlike standard mortgages, the amount that can be borrowed is based upon the rental income received rather than the borrowers overall income. Whilst lenders vary in their calculations, as a rough rule of thumb the rental income must at least equal 125% of the interest only mortgage payments at an assumed rate of 5%.

As the borrower, you are not allowed to live in a property that has been acquired with a buy-to-let mortgage.